April 18, 2024

Enterprise homeowners have many choices to select from when contemplating enterprise bank cards. The Amazon Enterprise Prime Card could also be a sensible choice for many who spend some huge cash at Amazon-owned properties for his or her enterprise bills. Learn on for an in depth evaluate so you’ll be able to decide if it’s the most suitable choice for you.

TIME’s Take

The card_name is a strong contender for enterprise homeowners who make purchases on Amazon. You possibly can earn 5% again on purchases at any Amazon-owned property and redeem these factors on further Amazon purchases. You possibly can select 90 Day Phrases on U.S. purchases at Amazon.com curiosity as a substitute of incomes factors. Additionally, in case you don’t need to use your factors on Amazon purchases, you’ll be able to redeem them for assertion credit score as a substitute.

Who’s the cardboard for?

The card_name is a strong selection for small enterprise homeowners who primarily buy the objects essential to run their enterprise from Amazon.com, Amazon Internet Providers, and Entire Meals. You’ll benefit from the highest cash-back rewards (5%) when buying items or companies from these shops. Earn 5% again on the primary $120,000 in purchases every calendar 12 months with eligible Prime Membership, and 1% Again thereafter.(Phrases & cap apply). In the event you have a tendency to buy your small business wants elsewhere, you’ll solely get 1% money again on all different eligible purchases —and there are higher offers elsewhere.

Rewards construction

This card’s rewards are ideally structured for enterprise homeowners who spend some huge cash at Amazon-owned properties, equivalent to Amazon.com, Amazon Enterprise, or Amazon Internet Providers. Be taught extra about incomes and redeeming rewards with the card_name.

Incomes rewards

With an card_name, you’ll earn a formidable 5% money again on purchases from any retailer or web site that falls beneath the Amazon umbrella. This contains purchases from Amazon Enterprise, Amazon.com, Amazon Internet Providers, and Entire Meals shops. Nonetheless, there’s a catch—the 5% money again is simply legitimate on the primary $120,000 value of purchases per calendar 12 months. After that the cash-back quantity drops to 1%.

You’ll additionally earn 2% money again on purchases at U.S. eating places, fuel stations, and wi-fi cellphone companies purchases instantly from service suppliers. All different purchases will earn 1% money again year-round, with no cap. That is comparatively low in contrast with many different playing cards, which is why enterprise homeowners who don’t spend some huge cash on Amazon-related purchases might desire to decide on a special card for his or her enterprise wants.

5% on first $120,00 per calendar 12 months, 1% thereafter

U.S. eating places, fuel stations, and wi-fi cellphone suppliers

Redeeming rewards

There are two methods to redeem rewards with the card_name. The primary is to redeem factors for purchases on Amazon.com and its subsidiaries; the second is to make use of the factors as an announcement credit score.

  • Redeeming rewards on Amazon. To redeem rewards this fashion, you’ll add your buy to your cart and select “Store with Factors” at checkout. You possibly can select to redeem some or your entire factors, and you may break up them as much as pay partially with factors and partially with money.
  • Redeeming rewards as assertion credit score. It’s also possible to redeem rewards as an announcement credit score, which decreases your bank card invoice. That is legitimate on all purchases utilizing this card, not simply Amazon.com purchases.

Extra hidden perks

Along with the Amazon-centric rewards, this card presents a number of particular perks for enterprise homeowners, together with easy expense administration, journey safety, buy and return safety, and no international transaction charges.

90-day phrases

Whereas the principle perk of this card is the 5% money again on Amazon purchases, you’ll be able to select to go for the Cost Phrases choice as a substitute. This characteristic lets you finance a purchase order for 90 days with out accruing further curiosity.

Expense administration

Being an card_name cardholder, offers you entry to a lot of instruments to assist handle your small business bills. These embrace:

  • Account Supervisor. This instrument lets you assign a selected worker to handle sure elements of your American Categorical account, together with monitoring transactions, reviewing funds, and including Worker Playing cards.
  • Worker Playing cards. Including Worker Playing cards permits your employees to earn money again or select fee phrases on eligible purchases.
  • Hyperlink to QuickBooks. You possibly can join your card to have your bills be routinely tagged along with your QuickBooks expense classes for simpler bookkeeping.
  • 12 months-end abstract. On the finish of the 12 months, you’ll obtain a abstract of all purchases by month and buy kind.
  • On-line statements. Permits you to view your buy historical past, create experiences, and create budgets for your small business bills.
  • Vendor Invoice Pay from Invoice.com. Your card_name lets you pay distributors by way of Invoice.com for no month-to-month price.

Journey safety

In the event you or your staff journey incessantly for enterprise, the card_name may help. The cardboard presents rental automotive insurance coverage as much as $50,000 for the primary 30 consecutive days, and baggage insurance coverage protection from $500 to $1,250. The cardboard additionally has foreign_transaction_fee international transaction charges.

Buy and return safety

This profit offers you buy safety of as much as $1,000 per merchandise, or as much as $50,000 per calendar 12 months. This protection will kick in if a purchase order is stolen, misplaced, or broken inside 90 days from the date of buy. It additionally offers return safety of as much as $300 per merchandise, or as much as $1,000 per 12 months, on objects that may’t be returned inside 90 days of buy.

What might be improved?

The card_name is an efficient choice for enterprise homeowners who make quite a lot of Amazon purchases. It’s possible not value it for companies that spend nearly all of their cash exterior of Amazon, as rewards may be redeemed solely on Amazon or as an announcement credit score. If this card have been to permit further methods to redeem rewards—equivalent to exchanging factors for present playing cards or money again— it might be a extra worthwhile selection for a wider vary of enterprise homeowners. If card_name isn’t the perfect match, it’s value contemplating a few of the playing cards under.

The way it compares

As much as 5% money again at Amazon Enterprise, AWS, Amazon.com and Entire Meals Market. Phrases & cap apply.

5% money again on accommodations and rental automobiles booked by way of Capital One Journey; 2% money again on all different purchases

5% money again on workplace provides, web, cable, and cellphone companies on the primary $25,000 every account calendar 12 months; 2% money again at eating places and fuel stations on the primary $25,000 every account calendar 12 months; Earn 1% money again on all different purchases



Unbeatable rewards

Finally, the card_name could also be among the best bank cards for Amazon Enterprise Prime members. The flexibility to redeem rewards factors for Amazon purchases means enterprise homeowners who purchase most of their provides and enterprise wants from an Amazon-owned retailer or web site can save on their bills.

Continuously requested questions (FAQs)

What sorts of rewards does the Amazon Enterprise Prime American Categorical Card have?

The principle reward that the Amazon Enterprise Prime AmEx presents is the power to redeem factors on Amazon.com, Amazon Internet Providers, Amazon Enterprise, and Entire Meals purchases. Alternatively, you’ll be able to select to finance a purchase order curiosity free for as much as 90 days.

What credit score rating do I have to get an Amazon Enterprise Prime American Categorical Card?

Generally, you’ll want a credit score rating that falls within the “credit_score_needed” vary so as to be accredited for an card_name. Which means a credit score rating of 690 or extra.

Do you want to be an Amazon Prime member to get an card_name?

Sure. In the event you aren’t a Enterprise Prime member, you’ll want both to buy a membership (beginning at $69 per 12 months) or keep on with the common card_name.

Is it necessary to make use of my Amazon Prime Enterprise Amex rewards on Amazon purchases?

Not precisely. Whereas factors can’t be redeemed for present playing cards or at some other retail shops, you should use them as assertion credit score in your bank card in case you desire.

The knowledge offered right here is created independently from the TIME editorial employees. To study extra, see our About web page.